Chapter
The Flaw in Measuring Bits over Regulatory Compliance
1:04:09 - 1:10:27 (06:18)
The emphasis on measuring bits rather than ensuring compliance with regulations has resulted in ethical dilemmas such as allowing 18-year-olds to use psychedelics legally but barring them from buying secondary shares of Stripe; a shift towards regulatory compliance is necessary to prevent the emergence of a shadow industry of measurement and consulting around carbon emissions.
Clips
The obsession with measuring data can be problematic, as it can lead to companies being more interested in measuring rather than improving the quality of their products or services.
1:04:09 - 1:05:51 (01:42)
Summary
The obsession with measuring data can be problematic, as it can lead to companies being more interested in measuring rather than improving the quality of their products or services. Moreover, the measurement isn't always accurate and can lead to consequences like the cigarette industry.
ChapterThe Flaw in Measuring Bits over Regulatory Compliance
EpisodeE74: Market update, inverted yield curve, immigration, new SPAC rules, $FB smears TikTok and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The implementation of carbon offsetting is causing a shadow industry of measuring carbon emission which does not reduce carbon footprints, but rather adds a layer of bureaucracy to address materiality when caught.
1:05:51 - 1:08:28 (02:37)
Summary
The implementation of carbon offsetting is causing a shadow industry of measuring carbon emission which does not reduce carbon footprints, but rather adds a layer of bureaucracy to address materiality when caught. The most productive strategy would be to lower the barriers of capital to further innovate and create things that can measureably eliminate carbon emission from the environment.
ChapterThe Flaw in Measuring Bits over Regulatory Compliance
EpisodeE74: Market update, inverted yield curve, immigration, new SPAC rules, $FB smears TikTok and more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The regulations around buying and selling in private companies can often seem arbitrary and don't always align with other laws.
1:08:28 - 1:10:27 (01:58)
Summary
The regulations around buying and selling in private companies can often seem arbitrary and don't always align with other laws. This can create inconsistencies around who is allowed to invest and in what.